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Sunak says no extra help with mortgages as fixed rates climb to 6%

Prime minister says no new support available for households struggling to pay loans

  • Business live – latest updates

Rishi Sunak has ruled out extra help for UK homeowners struggling to pay soaring mortgage costs, as the average two-year fixed-rate loan rose above 6%.

The prime minister said the government should “stick to the plan” to halve inflation in its attempts to tackle the cost of living crisis.

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